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Gold's highest closing price on record
Gold closed at $2,871.60 per troy ounce on 5 February 2025, up $18.30 (0.64%) from the previous close of $2,853.30.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $2,045.70, making this a +40.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $2,871.60 per troy ounce on 5 February 2025. That is $18.30 higher than the previous close of $2,853.30, a move of 0.64%.
The gold price rose on 5 February 2025, gaining $18.30 (0.64%) against the previous session's close of $2,853.30.
At $2,871.60 per troy ounce, one gram of pure gold was worth about $92.32 on 5 February 2025. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 5 February 2025 18k gold was worth about $69.24 per gram and 14k about $53.86 per gram, against $92.32 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 87.4 on 5 February 2025, meaning one ounce of gold was worth roughly 87.4 ounces of silver.
A week before 5 February 2025, gold was around $2,769.10 per troy ounce, so the close of $2,871.60 is a gain of 3.7% over the week.
A month before 5 February 2025, gold was around $2,645.00 per troy ounce, so the close of $2,871.60 is a gain of 8.6% over the month.
A year before 5 February 2025, gold was around $2,045.70 per troy ounce. The close of $2,871.60 therefore represents a rise of 40.4% over twelve months.